0. If an amount is zero, enter "0". a.  What is Lisa's realized and recognized gain or loss? Lisa has a $__________ realized loss  of which $___________is recognized. b.  What is Alfred's recognized gain or loss if he subsequently sells the property for $145,200? For $85,800? If Alfred sells the property for $145,200, he has a recognized gain of $_______________. If Alfred sells the property for $85,800, he has a recognized loss of $_______________.

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